AVMs To Have A Very Bright Future To Lend Home Equity Loans

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In: Home Equity News

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Automated Valuation Models (AVMs) are now part of the routine. With U.S. homeowners holding more than $30 trillion in home assets, many lenders are looking to the latest AVMs to improve the accuracy and efficiency of providing home equity loansContinue Reading

Top 3 Myths About Using AVMs For Acquiring Home Equity Loans

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In: Home Equity News

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With 2022 more than half behind, market indicators continue to predict the minimum redemption amount, but purchase volume is facing issues.  Amid inventory shortages, high write-offs, rising interest rates, and significant economic problems, difficulties in purchasing and refinancing are hamperingContinue Reading

Top Reasons Why Home Equity Loans are Finding Its Place Back In the Market

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In: Home Equity News

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After over two years of a pandemic-enlivened lodging blast, the real estate market is rapidly moving amid increasing interest rates, higher home estimations, and a lower danger from COVID-19. In March 2020, the real estate market went off in aContinue Reading

Are Home Equity Loan Right Choice For You?

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In: Home Equity News

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There are many advantages to possessing your home, the greatest being it permits you to expand equity rather than delivery a lease installment off to a property manager.  Furthermore, having that equity intends that assuming startling costs spring up, youContinue Reading

What Is Better HELOC Or Cash-Out Refinance?

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In: Home Equity News

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Does it appear to be legit to get a home-value credit extension? Or on the other hand, renegotiate your current home loan with cash-out at a higher rate than you as of now have? This is an incredible inquiry. Also,Continue Reading

Influence of Federal Reserve Rate Hike Decision on Home Equity Loans HELOCs and ARMs

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In: Home Equity News

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The Federal Reserve’s interest rates choices impact the rates you pay for home equity loans, HELOCs, and flexible rate Mortgages.  The national bank said at its January meeting that interest rates are going up soon, and Fed watchers perceived thatContinue Reading

In Last Ten Years Homeowners Accumulated More than $224k in Home Equity

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In: Home Equity News

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Homeownership is viewed as the biggest wellspring of abundance among families, with the median worth of a primary home worth almost multiple times the median worth of monetary resources held by families. A new Economists’ Outlook blog posted by ScholasticaContinue Reading

Home Equity Loan Platform Accomplished $20 Million Funding Round

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In: Home Equity News

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Fraction, a BC-based fintech platform focused on guiding homeowners to access their home equity, has profitably raised $20 million through a Series funding round. Led by QED Ventures, the round also saw participation from present investors including Impression Ventures, PrimetimeContinue Reading